You will receive an annual statement showing useful information about your pension, including estimates of your future pension payments.

Your personal information

Your spouse is someone you are married to and have not been living separate and apart from for a continuous period longer than two years, or someone you have been living with in a marriage-like relationship for at least two years.

name

Your spouse’s date of birth

The date you began contributing to your pension

Your beneficiary

The person(s), trustee(s) or organization(s) that are designated to receive your pension after you die.
If you have a spouse, they automatically become your primary beneficiary (unless they waived that right).

you have named for a pension benefit if you die before you retire.

Your estimated monthly pension benefit

This shows up to four estimates of your lifetime monthly pension if you retire on the dates listed. These estimates assume you continue to earn the same salary and service as the previous year.

This section also shows up to two estimates of your lifetime monthly pension if you stopped working last March 31, left your money in BC's Public Service Pension Plan and retired on one of the dates listed.

Your pensionable earnings and service

This shows:

Your pensionable earnings – the portion of your salary used to determine your contributions to the plan

Your pensionable service – your actual working time as a plan member over the plan's fiscal year and since you began contributing to the plan (you earn one month of pensionable service for each full month of full-time work you complete)

Your contributory service – the number of months you and your employer contributed to the plan (you earn one month of contributory service for each month you contribute)

Your contributions

This shows the amount you have contributed:

Over the plan’s fiscal year

Since you began contributing to the plan

Your contributions do not reflect the value of your pension. The value of your lifetime monthly pension is based on:

Your pensionable service

The average of your five highest years of salary (not necessarily the last five years)